date:Apr 17, 2014
of its premium-fetching deZaan cocoa powder brand.
For ADM, the move marks a refocus on a business that makes cocoa butter and powder used in chocolate that has been one of the industry's largest for almost two decades, competing with Barry Callebaut, Cargill and other big cocoa traders Olam International Ltd (OLAM.SI) and Ecom Agroindustrial Corp.
For players along the supply chain, the dust in the volatile, competitive industry has settled for now.
COST-CUTTING PAYS OFF
In announcing its a